Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes
Monday, June 14th, 2010
Product Description
The summer and fall of 1998 witnessed some of the most turbulent financial markets the world has ever seen. The implosion of the Russian financial markets and investors’ ensuing flight to quality propelled the giant hedge fund, Long-Term Capital Management, to the brink of collapse and left the investment portfolios of many of Wall Street’s major banks and brokerage houses teetering on the brink. The US equity market dropped precipitously at the end of August … More >>
Capital Ideas and Market Realities: Option Replication, Investor Behavior, and Stock Market Crashes
